Report: Abercrombie to Seek Fresh Backers for China Business
The US-listed company is conducting a review of its Chinese assets and may sell a stake in the unit, which could be valued at several hundred million dollars, Bloomberg reported.
footwear
Luxury
How Birkenstock Became a Luxury Target
L Catterton is reportedly the frontrunner to acquire the original anti-fashion shoe brand, which is reaping the rewards of shoppers’ pandemic-driven desire for casual comfort.
How Birkenstock Became a Luxury Target
L Catterton is reportedly the frontrunner to acquire the original anti-fashion shoe brand, which is reaping the rewards of shoppers’ pandemic-driven desire for casual comfort.
Workplace & Talent
Aldo Group: In the Company of Kindness
On a trip to the Canadian city of Montréal, Aldo Bensadoun found himself fascinated by the city and its progressive, free spirited culture. The
Aldo Group: In the Company of Kindness
On a trip to the Canadian city of Montréal, Aldo Bensadoun found himself fascinated by the city and its progressive, free spirited culture. The
Luxury
LVMH and Nicholas Kirkwood to Part Ways
The split is due to be completed by the end of the year, LVMH said in a statement.
LVMH and Nicholas Kirkwood to Part Ways
The split is due to be completed by the end of the year, LVMH said in a statement.
Sustainability
Adidas and Allbirds Join Forces to Try to Create the World’s Lowest Carbon Footprint Sports Shoe
The footwear competitors are partnering with a big goal and deadline of one year.
Adidas and Allbirds Join Forces to Try to Create the World’s Lowest Carbon Footprint Sports Shoe
The footwear competitors are partnering with a big goal and deadline of one year.
Luxury
The BoF Podcast: How Christian Louboutin Turned Red Soles Into a Status Symbol
Just as he unveils his L'Exhibition[niste] showcase in Paris this week, the luxury footwear designer speaks with BoF’s Editor-in-Chief Imran Amed about transforming his namesake brand from a single-store enterprise into a global success.
The BoF Podcast: How Christian Louboutin Turned Red Soles Into a Status Symbol
Just as he unveils his L'Exhibition[niste] showcase in Paris this week, the luxury footwear designer speaks with BoF’s Editor-in-Chief Imran Amed about transforming his namesake brand from a single-store enterprise into a global success.
China
The ‘Alpha Female' Look is Big in China. Brands Take Note.
Dr. Martens shoes have become the ultimate empowerment symbol for a generation of women rebelling against demure feminine aesthetics. Now other brands want in on the action.
The ‘Alpha Female' Look is Big in China. Brands Take Note.
Dr. Martens shoes have become the ultimate empowerment symbol for a generation of women rebelling against demure feminine aesthetics. Now other brands want in on the action.
China
China and the US Signed a Trade Truce. Who Now Benefits?
Yesterday's deal doesn’t signal an end to the trade conflict. While some fashion players will get a reprieve from tariffs, others will not be so lucky.
China and the US Signed a Trade Truce. Who Now Benefits?
Yesterday's deal doesn’t signal an end to the trade conflict. While some fashion players will get a reprieve from tariffs, others will not be so lucky.
Retail
Lessons From the Rise and Fall of Toms Shoes
The once-hot footwear brand's story is a cautionary tale for companies reliant on a hero product and narrow brand messaging.
Lessons From the Rise and Fall of Toms Shoes
The once-hot footwear brand's story is a cautionary tale for companies reliant on a hero product and narrow brand messaging.
Financial Markets
Carlyle Is Said to Weigh Bid for Dr. Martens
The British bootmaker is owned by Permira, which is targeting an exit in 2020 via sale or IPO, according to reports.
Carlyle Is Said to Weigh Bid for Dr. Martens
The British bootmaker is owned by Permira, which is targeting an exit in 2020 via sale or IPO, according to reports.
Retail
Nike Invests in Adaptive Footwear
The sportswear giant is set to purchase an undisclosed stake in the laceless shoe company Handsfree Labs Inc, in bid to create apparel that's easier for people with disabilities to wear.
Nike Invests in Adaptive Footwear
The sportswear giant is set to purchase an undisclosed stake in the laceless shoe company Handsfree Labs Inc, in bid to create apparel that's easier for people with disabilities to wear.
Marketing
How the Company Behind Uggs, Teva and Hoka Makes Ugly Brands Cool
Ugg was once the hottest boot around, before overexposure tarnished its image. Owner Deckers Brands is determined not to make the same mistake with its new hot shoe, Hoka One One sneakers.
How the Company Behind Uggs, Teva and Hoka Makes Ugly Brands Cool
Ugg was once the hottest boot around, before overexposure tarnished its image. Owner Deckers Brands is determined not to make the same mistake with its new hot shoe, Hoka One One sneakers.
Retail
The Big Business of White Sneakers
Despite a highly saturated market, startup labels are breaking through thanks to the enduring popularity of the minimalist trainer. So, how does a new brand sell such a simple shoe?
The Big Business of White Sneakers
Despite a highly saturated market, startup labels are breaking through thanks to the enduring popularity of the minimalist trainer. So, how does a new brand sell such a simple shoe?
The News in Brief
Chanel Sales Up 16% in First Half
Chanel’s sales are accelerating after returning to growth last year, Bloomberg reported citing an unnamed source. Beauty sales rose 8 percent.
P&G to Buy Supplement Maker Thorne for $3.8 Billion
Shailesh Jejurikar, chief executive of the American personal care conglomerate, told CNBC it will acquire the line from LVMH-backed private equity firm L Catterton.
Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.